13 APRIL 2012
Did You Catch These Moves?
By Louis Lee and Ong Qiuying
2012, the year of hope has seen quite a fair share of signs which point to the positivity investors initially hoped for. Firstly, we have seen the successful bailout of the Greeks, and although scepticism remains despite the lid to contain the euro zone cancer, market sentiments have moved exchanges all over the globe.
In the first quarter of this year, the Standard & Poors was seen hitting its highest level since June 2008, while the Dow hit its five year high at 13,178 points, substantiating the trend of positive data we’ve seen thus far, signalling that an improving economy is underway. The local bourse has also seen itself climbing on the positive bandwagon, where it climbed from 2,658.17 on the first day of trading this year and broke above the psychological barrier of 3,000 points in February, where it has been hovering around as of late.
As much as analysts are advocating stocks which are defensive in nature to counter further uncertainties, it seems like investors are advocating another approach on their own, the approach that seems somewhat “speculative”. Presented below are two stocks that are driven by such approach, and have shown incredible leaps in the first quarter of the year which we’d like to recap (posted initially on our facebook page).
The first leaper that we’ve identified is Yoma Strategic Holdings (Yoma). As evidenced from the chart above, Yoma has been staging its uptrend move since November 2011. It caught our attention in the beginning of the year when it made its 25 percent jump in a single day on 30 January 2012 with a total trading volume of 68.97 million. It was queried by the Singapore Exchange pertaining to the trading activity and has issued a response quoting “it is unaware of any other possible explanation to the trading”. Yoma made its first five-year high on 7 February 2012 when it was seen trading at $0.57 before closing at $0.44. This level was soon broken when it reached a high of $0.62 on 9 April 2012 and closed at the same price on the back of US’ moves to ease sanctions in Myanmar, where Yoma has significant business interests in. Although prices were seen retreating on 10 April, 2012, Yoma managed to reach another high of $0.63 and closed at the same price on 11 April, 2012.
Looking ahead, Yoma will most likely benefit from the opening of Myanmar as selected sanctions are lifted by the US and open it up for investment in selected sectors, which have not been officially identified as of now. Regardless of what they are, additional investments will in turn drive demand for real estate and boost prices, and Yoma is well-placed to benefit from this development. This might be evidenced from Yoma’s Star City project, which will give Yoma a development pipeline for the next six-eight years. Lastly, Yoma is seen as the bridge between international markets because of its listing in Singapore, which allows it to receive and undertake investment projects which remain sanctioned to other players which are blacklisted by US’ and Europe’s sanctions. These advantages and potential will probably put Yoma on an uprising pedestal, which could fuel investors’ confidence and pump up its share price in the future.
IEV Holdings has got us raising our eyebrows with its shares trading at a whopping 193.3 percent premium over its initial public offering (IPO) price of $0.30 since its listing in late October last year as at time of writing. This year, IEV has already close to double its share price with a 87.2 percent jump to $0.88 as at 12 April 2012 from its close of $0.47 on its first day of trading this year.
IEV has been building up momentum in its run-up since the beginning of the year on news that IEV is progressing towards becoming a complete energy company. With a series of wins from securing a 24-months renewal of gas sales and purchase agreement with PT Indofood, as well as being awarded the first oil and gas agreement by Indonesia’s Pertamina EP, shares of IEV propelled to hit its all-time high this year at $1.05 or a 123.4 percent jump on 20 February 2012 with total traded volume hitting 22.48 million for the day.
Perhaps the shares’ exponential leap so far this year is also reflecting the market optimism for IEV’s outlook. On its transformation into a niche turnkey constructor, IEV appears to be on track to benefit from the marginal field development sector as well as the rise in decommissioning projects at the other end of the lifecycle. Notably, UOB pointed out that IEV’s upstream expansion will help to increase the company’s gas distribution volume while reducing its dependence on higher cost piped-gas as well as realising cost savings from cheaper feed gas.
Furthermore, the company is positive on the outlook of the oil and gas industry, which is booming with healthy activity, with a number of new contracts being awarded, particularly in the Asian region where IEV is exposed to. Given a sound execution and implementation of its business plans, IEV’s order book of RM280 million could send IEV’s shares rising to a quantum leap in view of strong growth potential and developments in the engineering and energy sectors.
These two stocks mentioned above showed movements which surpassed normal trading activity which caught onto our radar. Some may call these “movements” speculation, over optimism, or even co-ordinated buying to lure investors into that stock. Whatever you want to call it, we are still calling it “leap”, and when a specific “leap” occurs, no one wants to be left.
Lastly, do note that significant volume moves are also filled with a material percentage of speculation. Will we see a continuity of such moves in these two counters? Tell us what you think and share it with us on our facebook page.
Source/Extract/Excerpts/来源/转贴/摘录: http://www.sharesinv.com
Publish date: 13/04/12
Did You Catch These Moves?
By Louis Lee and Ong Qiuying
2012, the year of hope has seen quite a fair share of signs which point to the positivity investors initially hoped for. Firstly, we have seen the successful bailout of the Greeks, and although scepticism remains despite the lid to contain the euro zone cancer, market sentiments have moved exchanges all over the globe.
In the first quarter of this year, the Standard & Poors was seen hitting its highest level since June 2008, while the Dow hit its five year high at 13,178 points, substantiating the trend of positive data we’ve seen thus far, signalling that an improving economy is underway. The local bourse has also seen itself climbing on the positive bandwagon, where it climbed from 2,658.17 on the first day of trading this year and broke above the psychological barrier of 3,000 points in February, where it has been hovering around as of late.
As much as analysts are advocating stocks which are defensive in nature to counter further uncertainties, it seems like investors are advocating another approach on their own, the approach that seems somewhat “speculative”. Presented below are two stocks that are driven by such approach, and have shown incredible leaps in the first quarter of the year which we’d like to recap (posted initially on our facebook page).
The first leaper that we’ve identified is Yoma Strategic Holdings (Yoma). As evidenced from the chart above, Yoma has been staging its uptrend move since November 2011. It caught our attention in the beginning of the year when it made its 25 percent jump in a single day on 30 January 2012 with a total trading volume of 68.97 million. It was queried by the Singapore Exchange pertaining to the trading activity and has issued a response quoting “it is unaware of any other possible explanation to the trading”. Yoma made its first five-year high on 7 February 2012 when it was seen trading at $0.57 before closing at $0.44. This level was soon broken when it reached a high of $0.62 on 9 April 2012 and closed at the same price on the back of US’ moves to ease sanctions in Myanmar, where Yoma has significant business interests in. Although prices were seen retreating on 10 April, 2012, Yoma managed to reach another high of $0.63 and closed at the same price on 11 April, 2012.
Looking ahead, Yoma will most likely benefit from the opening of Myanmar as selected sanctions are lifted by the US and open it up for investment in selected sectors, which have not been officially identified as of now. Regardless of what they are, additional investments will in turn drive demand for real estate and boost prices, and Yoma is well-placed to benefit from this development. This might be evidenced from Yoma’s Star City project, which will give Yoma a development pipeline for the next six-eight years. Lastly, Yoma is seen as the bridge between international markets because of its listing in Singapore, which allows it to receive and undertake investment projects which remain sanctioned to other players which are blacklisted by US’ and Europe’s sanctions. These advantages and potential will probably put Yoma on an uprising pedestal, which could fuel investors’ confidence and pump up its share price in the future.
IEV Holdings has got us raising our eyebrows with its shares trading at a whopping 193.3 percent premium over its initial public offering (IPO) price of $0.30 since its listing in late October last year as at time of writing. This year, IEV has already close to double its share price with a 87.2 percent jump to $0.88 as at 12 April 2012 from its close of $0.47 on its first day of trading this year.
IEV has been building up momentum in its run-up since the beginning of the year on news that IEV is progressing towards becoming a complete energy company. With a series of wins from securing a 24-months renewal of gas sales and purchase agreement with PT Indofood, as well as being awarded the first oil and gas agreement by Indonesia’s Pertamina EP, shares of IEV propelled to hit its all-time high this year at $1.05 or a 123.4 percent jump on 20 February 2012 with total traded volume hitting 22.48 million for the day.
Perhaps the shares’ exponential leap so far this year is also reflecting the market optimism for IEV’s outlook. On its transformation into a niche turnkey constructor, IEV appears to be on track to benefit from the marginal field development sector as well as the rise in decommissioning projects at the other end of the lifecycle. Notably, UOB pointed out that IEV’s upstream expansion will help to increase the company’s gas distribution volume while reducing its dependence on higher cost piped-gas as well as realising cost savings from cheaper feed gas.
Furthermore, the company is positive on the outlook of the oil and gas industry, which is booming with healthy activity, with a number of new contracts being awarded, particularly in the Asian region where IEV is exposed to. Given a sound execution and implementation of its business plans, IEV’s order book of RM280 million could send IEV’s shares rising to a quantum leap in view of strong growth potential and developments in the engineering and energy sectors.
These two stocks mentioned above showed movements which surpassed normal trading activity which caught onto our radar. Some may call these “movements” speculation, over optimism, or even co-ordinated buying to lure investors into that stock. Whatever you want to call it, we are still calling it “leap”, and when a specific “leap” occurs, no one wants to be left.
Lastly, do note that significant volume moves are also filled with a material percentage of speculation. Will we see a continuity of such moves in these two counters? Tell us what you think and share it with us on our facebook page.
Source/Extract/Excerpts/来源/转贴/摘录: http://www.sharesinv.com
Publish date: 13/04/12
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